Credit Card Points for Buying a Car. Good or Bad?

Should you purchase a car on your credit card?

Some might argue that if you can convince the dealership to allow a $45,000 purchase on your card without raising the price it'll be worth the headache for the points. If you value those point at 1.5% like Chris Mixter did, (according to a Marketwatch.com article) you'll make $675. What he failed to realize is that you would need to be able to pay it off before the next due date in full so as not to accrue interest. That gives you at most with good timing 45 days.

As he was quoted saying "This was the debacle point of it". A fiasco it was indeed. The article goes on to say that he opened three balance transfer cards to pay off the original card with. With the exception of one card that has a 0.00% intro balance transfer fee, every balance transfer card charges at least a 2% fee which multiplied by $45,000 is $900.

Simple math tells you that $675 worth of points - $900 in fees = a $225 deficit. This all shows that he paid $225 cash for the privilege of getting those points. Also, he now had less time to pay off his $45,000 minivan as compared to a 0.00% loan from the dealership.

A better bet would be to actually buy a car you can afford to pay for in cash. That's what the #CashCar is all about. Be sure to subscribe to hear future updates about the Cash Car and Cash Car 2.0.
How did you purchase your last car? Tell me in the comments below:

Fully Restored 1965 Mustang GT Pony Seats

The Rotary Club of Bailey's Crossroads is raffling off a one of a kind 1965 Mustang GT in beautiful shimmering blue. It features a soft top convertible roof. New engine with automatic transmission. The seats are light blue and cream with pony embossing.

See it for yourself.

Can Sprint Attract New Customers

Sprint is currently running a Switch to Sprint and get FREE Unlimited for 1 year promotion. The idea behind the promotion is that after the year of free service the new customers will become paying customers. The life and blood of any service company.

So why did they extend the sign up period until July 31st when it was scheduled until the end of June?

I'll venture to guess that it's because not enough people signed up. And the reason they didn't sign up is because #sprintsucks. 

I ordered compatible Moto G4 Play 16GB phones (Amazon affiliate link) from B&H because of a sale. They arrived Monday. I got the IMEI numbers and ordered Sim cards from Sprint. Only next day shipping is available for a price of $10. They arrived on time. 

Tuesday night I did a credit check online and requested the porting in of two lines. The request was approved I received confirmation and a notice that it should take 15 minutes max to transfer the service over. 

Wednesday afternoon it still is not working. I call Sprint and after the usual run around I've been told that the account is locked and I need to go to a flagship store to activate my account. 

I went to the store today. Waited 40 minutes and the only employee who wasn't hiding in the break room was still dealing with an indecisive group about whether or not they should switch plans in order to be locked into a new contract. 

If you're trying to attract new customers you have to make it a pleasant experience. 

What service are you on and how much do you pay? What horror stories with cell service providers do you have? 

Do This on Private Property and Pay the Price

Thank G-d the police are here to protect us: from parking facing the wrong way on private property.

I walked out to my car this morning to find an envelope under my wiper-blade. Those only mean one thing. Some pencil pusher decided to waste my time and money for parking "right side not to curb".

Add caption

That's a serious offense you should know; it means that you can open the door and step out onto the sidewalk all without getting killed by some speeding drunkard. But it's illegal. Only problem is I wasn't parked on a city street. I was parked in a private parking lot.

As you can see it's common practice to park in both directions because the street doesn't belong to the city.

So whom are they really protecting? What bogus tickets have you received?

To protect yourself from bogus tickets and insurance scams you might consider a dual channel dash cam with impact detection like this one in the affiliate link below.